Jump to content

place a buy order when market is closed


Recommended Posts

Hello all,

Nooby question here

Is it possible to place a buy order for shares when the market is closed? I can on other platforms. On IG it just gives me a message saying the market is closed.

Also I logged on for the first time yesterday and today the interface is completely different. Are there 2 different web apps, one for trading and one for buying shares?

thanks in advance

Link to comment
7 hours ago, shardymo said:

Hello all,

Nooby question here

Is it possible to place a buy order for shares when the market is closed? I can on other platforms. On IG it just gives me a message saying the market is closed.

Also I logged on for the first time yesterday and today the interface is completely different. Are there 2 different web apps, one for trading and one for buying shares?

thanks in advance

@shardymo Thanks for your post. 

You can place orders before the market opens but you have to do it on the order tab: 

image.png

We have had a change in platform. If you want a video to help you around you can find it by clicking the help button at the top of the page. 

image.png

All the best

Link to comment

Hi, thank you for reply.

The first time I logged on to my new account, I seemed to keep switching between two different interfaces or platforms. One was flat and simple GUI and I could change between light and dark backgrounds. It looks like this. This is the one where I tried to place a buy order hoping it would be executed when markets open but it wasn't allowedScreenshotIGSimple.thumb.png.e8f6c20922bcff34b7c76aa578a8827e.png

 

The second platform was a chunkier interface looking like this. It has tabs across the top and is mid grey.

Screenshot_IG_chunky.thumb.png.2bf5afd78e536d0e338b5af74f465420.png

This chunkier platform will not let me look at charts. (It wants me to install Flash).  I could look at charts with this platform 2 days ago, but not anymore.

So the first time I logged on 2 or 3 days ago, I could switch between the two different platforms. Since yesterday I every time I logon, I only get the flat GUI with no tabs across the top, This morning I logged and it was the chunky UI for a change but no charts available. But since then every time I log on, it is back to the flat UI.

I have been buying shares occasionally online for over 12 years using several different providers. I have also used many different crypto exchanges. I am not an expert, but this is the first time in 12 years I have opened an account with a provider and not been able to place a trade within the first 5 minutes. Its 3 days later and I still don't have a clue.

I am on a Mac and have tried Safari and Chrome. The IG help videos look different to my interface so do not help

thanks in advance

ste

Link to comment
1 minute ago, shardymo said:

Hi, thank you for reply.

The first time I logged on to my new account, I seemed to keep switching between two different interfaces or platforms. One was flat and simple GUI and I could change between light and dark backgrounds. It looks like this. This is the one where I tried to place a buy order hoping it would be executed when markets open but it wasn't allowedScreenshotIGSimple.thumb.png.e8f6c20922bcff34b7c76aa578a8827e.png

 

The second platform was a chunkier interface looking like this. It has tabs across the top and is mid grey.

Screenshot_IG_chunky.thumb.png.2bf5afd78e536d0e338b5af74f465420.png

This chunkier platform will not let me look at charts. (It wants me to install Flash).  I could look at charts with this platform 2 days ago, but not anymore.

So the first time I logged on 2 or 3 days ago, I could switch between the two different platforms. Since yesterday I every time I logon, I only get the flat GUI with no tabs across the top, This morning I logged and it was the chunky UI for a change but no charts available. But since then every time I log on, it is back to the flat UI.

I have been buying shares occasionally online for over 12 years using several different providers. I have also used many different crypto exchanges. I am not an expert, but this is the first time in 12 years I have opened an account with a provider and not been able to place a trade within the first 5 minutes. Its 3 days later and I still don't have a clue.

I am on a Mac and have tried Safari and Chrome. The IG help videos look different to my interface so do not help

thanks in advance

ste

Hi, the first pic (dark theme) is the new platform while the second one is the old IG platform which will be phased out.

Stick to opening the new platform from your 'My IG' dashboard.

Link to comment
5 hours ago, CharlotteIG said:

@shardymo Thanks for your post. 

You can place orders before the market opens but you have to do it on the order tab: 

image.png

We have had a change in platform. If you want a video to help you around you can find it by clicking the help button at the top of the page. 

image.png

All the best

Hi Charlotte

There is no order tab on my interface. Only Deal and Alert.

Also I have no control over which user interface appears when I log on. Sometimes it is the new flat GUI. Sometimes it is the older chunky GUI. I have to log off, log on again and just see which interface appears. Is your platform compatible with Apple Mac?

 

Edited by shardymo
Link to comment

Hi,

Thank you for reply

My interface is slightly different to yours. In my interface, I don’t have an “Order” option at the top like your example. Just “Deal” and “Alert”. When I click “Add to Workspace” I still do not get an “Order” option at the top

. Also my “Help” dropdown menu is different to yours. I do not see any option for video guides. There is an “IG Webinars” but this gives a “404 Object no found” error

 

.I recently bought some shares.  I set a LIMIT order (or so I thought) to buy shares at 80p if they dropped from the current price of just over 90p,. The order went through immediately. My receipt says I used a STOP order but I don’t think I did. I thought I used a LIMIT order.

I’ve never used a stop order before when buying? When I try to re create what I did, there is no STOP order for buying shares, only LIMIT or fixed price quote.

. Also if I try to recreate what I did, a box pops up asking me to “confirm order”, which is what I would always expect. When I bought at 90p there was no option to confirm order, like I was expecting so I could double check, it just went through immediately, no confirmation, no indication that anything had happened, until I checked my balance.

I have some questions.

. Why does my html 5 interface look different to yours, and the online help? Has the interface changed again recently?

. Why is STOP order no longer an option when I try to double check what I did, was this a glitch, or is it because the market is currently closed, and do stop orders not require user to press confirmation button?

. When I logon, I am often faced with the old interface with the Flash charts. I have to keep logging out and logging back on until the new interface appears. Is there anyway of stopping this?

Please see screen grabs belowScreenshotBuyBarclaysLimitOrder.thumb.png.fc2ae8af25d4c889376a73cda1001a89.png

 

ScreenshotBuyBarclaysConfirmOrder.thumb.png.6e9de5a3ab2dce440da9686a6c12d891.png

Link to comment

Even I can't see 'Order' tab on my view. I am trying to place a 'Limit Order' with some future expiry date but at the moment by default it is taking 'Day' as default value and there is no option to change this. I appreciate if you could help me on this. Thanks

Link to comment

With regard to your issue of switching between the old and new platforms, it is something that I have also occasionally experienced. I have no idea what triggers it (and to be honest it doesn't happen all that often), but sometimes when I login and go to the platform, it loads in the old platform rather than the new one. From then on, the only way I can get back to the new platform is to logout, delete the cookies from the browser, and then log back in again (from which point I am directed back onto the new platform). As to your other query, I also do not have the 'order' tab. I had assumed this was due to my account being a share trading account rather than a CFD type account that has additional trading options.

Link to comment
46 minutes ago, shardymo said:

My interface is slightly different to yours. In my interface, I don’t have an “Order” option at the top like your example. Just “Deal” and “Alert”. When I click “Add to Workspace” I still do not get an “Order” option at the top

Hi, I don't think the interface should be different to the one in @CharlotteIG's pic. You only seem to have the deal ticket which is used for instant execution trades (as you found) and may be a technical fault. I think I would send an email to IG (with pics) asking tech to look at your account as well as asking here on the the forum to get a reply as quickly as possible.

Link to comment

I've also been directed to the old platform at times. I've found it's just a matter of patience. When you sign in you must wait for the buffering to complete before clicking CFD. If it is still buffering when you click CFD it will always take you to the old platform.

Link to comment

I was about to start a new thread and stumbled upon this. 

A newbie to IG but I've used CMC and Commsec platforms. I can't seem to make orders in advance (buy/sell) as the market is closed as well. I can't see the Order tab either. 

 

Link to comment
  • 2 weeks later...

Yep, same issue.  Moved from other ASX share trading platforms to IG and find it extremely disapointing that I cannot set buy/sell stops after market close when trading shares.  I like to research setups on the weekend and place a buy stop to trade breakouts etc.  Please bring this funtion into the your service.

Link to comment
On 01/05/2020 at 20:39, Quacker said:

Yep, same issue.  Moved from other ASX share trading platforms to IG and find it extremely disapointing that I cannot set buy/sell stops after market close when trading shares.  I like to research setups on the weekend and place a buy stop to trade breakouts etc.  Please bring this funtion into the your service.

Frustrating as I've emailed and contacted via their website to IG with no response and I was told when I first joined that I could perform after market or good-till-expiry orders. 

This is getting annoying and I'm close to closing my account given I am keen to buy in the current volatility.

Link to comment
  • 6 months later...

@shardymo Not sure if you got this resolved in the end but just wanted to mention - I had a similar question/problem just now. ISA share dealing accounts don't have an "order" button in the ticket and I was trying to submit  an out-of-hours limit order on the "deal" tab which kept failing with a "the exchange is currently unavailable" message.

Turns out it was because I was using a GBP value amount; the issue resolves when I use a number of shares instead - and the order goes through and shows in working orders.

  • Like 1
Link to comment
  • 1 month later...
On 19/11/2020 at 00:47, DoctorStrange said:

@shardymo Not sure if you got this resolved in the end but just wanted to mention - I had a similar question/problem just now. ISA share dealing accounts don't have an "order" button in the ticket and I was trying to submit  an out-of-hours limit order on the "deal" tab which kept failing with a "the exchange is currently unavailable" message.

Turns out it was because I was using a GBP value amount; the issue resolves when I use a number of shares instead - and the order goes through and shows in working orders.

thanks DoctorStrange, I'll give that a go next time 🙂

Link to comment
  • 4 months later...

I had the same issue.  Would be helpful if the warning message advised that you can only trade in Share Quantities & not $'s when the respective market is closed.

By the way, why is a $ based order not acceptable when the specific market is closed

Rationale please?

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with NATIONAL AUSTRALIA BANK LIMITED - NAB. We identify wave ((iv))-green as having ended, and the potential for wave ((v))-green is open to push higher. ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Wave Technical Analysis   ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB 1D Chart (Semilog Scale) Analysis Function: Major trend (Minute degree, green) Mode: Motive Structure: Impulse Position: Wave ((v))-green Details: The short-term outlook shows that wave ((iv))-green has just ended, and the push up quite high since 32.60 also suggests the return of wave ((v))-green. Invalidation point: 32.60       ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB Elliott Wave Technical Analysis ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB 4-Hour Chart Analysis   Function: Major trend (Minute degree, green) Mode: Motive Structure: Impulse Position: Wave i-blue of Wave ((v))-green Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. We are closely monitoring NAB, and there will soon be a long-term trading opportunity with NAB. It looks like wave ii-blue is opening up, pushing a little lower, before wave iii-blue returns to push even higher. Invalidation point: 32.60         Conclusion:   Our analysis, forecast of contextual trends, and short-term outlook for ASX: NATIONAL AUSTRALIA BANK LIMITED - NAB aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here!  
    • Elliott Wave Analysis TradingLounge Daily Chart ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave C Direction Next higher Degrees: Wave (I) of Impulse Wave Cancel invalid Level: 8.498 Details: the corrective of Wave (II) is equal to 61.8% of Wave (I) at 8.702 Log scale chart ChainLink/ U.S. dollar(LINKUSD)Trading Strategy: The second wave correction is likely to go down to test the 10.585 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. ChainLink/ U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H4 Chart ChainLink/ U.S. dollar(LINKUSD) LINKUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: Wave ((C)) of Zigzag Wave Cancel invalid Level: 81.238 Details: The Five-Wave Decline of Wave ((C)) trend to test 11.582 Level ChainLink/ U.S. dollar(LINKUSD)Trading Strategy: The second wave correction is likely to go down to test the 10.585 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. ChainLink/ U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!      
    • Okay, I'll grab the ultimate sloth at a lower price😑😑
×
×
  • Create New...
us